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Jan 18, 2013
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will a rebound in the world's second largest economy be good news on world series? china's growth products sped up by a faster than expected 7.9% in the fourth quarter. we'll see how investors react and how long it will last. >>> stocks came to live thursday thanks to a jump in housing starts and the lowest weekly jobless claim numbers since january 2008. after the bell, chip make intel ticked lower. more corporate reports ahead today, including general electric and morgan stanley. >>> gold prices settled around $1690. meaning this 177 ounce gold nugget reportedly discovered with a medal detecter in australia is worth just under $300,000. pretty good find. >>> toyota has settled the first in a string of wrongful and injury deaths overunintended acceleration. the family of a utah couple killed when a toyota slammed into the wall will collect an undisclosed sum from the automaker. >>> oprah winfrey's interview with lance armstrong has brought a pretty penny for her cable network. ad slots sold at a premium was expeced to sell out. oprah bolstered the ratings by 32% la
will a rebound in the world's second largest economy be good news on world series? china's growth products sped up by a faster than expected 7.9% in the fourth quarter. we'll see how investors react and how long it will last. >>> stocks came to live thursday thanks to a jump in housing starts and the lowest weekly jobless claim numbers since january 2008. after the bell, chip make intel ticked lower. more corporate reports ahead today, including general electric and morgan stanley....
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Jan 15, 2013
01/13
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economy. the government will run out of tools to avoid defaulting on debt sometime in late february or early march. that would mean social security and other government benefit checks would stop going out. fed chairman ben bernanke is joining the cause saying the economy isn't out of the woods just yet from fiscal threats. back to you. >> thank you very much, seema. >>> let's check in with meteorologist christina loren as we kind of adjust the shot. >> everyone come in. lean in. i'm the queen. you'll have to do something to stay warm out there this morning. lean back if that's what it takes. 4:47. it is cold out there this morning. you're going to need all the winter gear you have in your closet. you could wear the snowboarding gear to work this morning if you wanted to. stay warm. i definitely brought my board and jacket in this morning. it's frigid out there. this is the last morning we expect the mid 20s. tomorrow we'll see more upper 20s and low 30s. this morning it is very cold. even cold
economy. the government will run out of tools to avoid defaulting on debt sometime in late february or early march. that would mean social security and other government benefit checks would stop going out. fed chairman ben bernanke is joining the cause saying the economy isn't out of the woods just yet from fiscal threats. back to you. >> thank you very much, seema. >>> let's check in with meteorologist christina loren as we kind of adjust the shot. >> everyone come in....
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Jan 19, 2013
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billions in the economy. at chevron, if we can't do it right, we won't do it at all. we've got to think long term. we've got to think long term. ♪ >>> new this morning, d.c. police are investigating a deadly shooting near a nightclub. around 2:30 this morning, officers were called out to the 2700 block of georgia avenue northwest. they found a man suffering from gunshot wounds. he was taken to a nearby hospital and pronounced dead a short time later. police have not release thed th man's name or a possible suspect in the shooting. >>> police in virginia are looking for a dog who attacked a person at a school. the dog is described as similar to a pitbull and attacked someone at thomas jefferson elementary in falls church. officers aring le looking for tg as well as the two men who let it run loose. >>> the group human rights watch is planning to release a report next week accusing d.c. police of failing to document 170 alleged sexual assault cases over three years. one of the alleged victims spoke to news 4 in an exclusive interview. she said in 2011 a man put a knif
billions in the economy. at chevron, if we can't do it right, we won't do it at all. we've got to think long term. we've got to think long term. ♪ >>> new this morning, d.c. police are investigating a deadly shooting near a nightclub. around 2:30 this morning, officers were called out to the 2700 block of georgia avenue northwest. they found a man suffering from gunshot wounds. he was taken to a nearby hospital and pronounced dead a short time later. police have not release thed th...
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Jan 16, 2013
01/13
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they could inject more than $70 million annually into the south bay economy. of course it's when it starts back up and it's not clear when ana will release its 787 dreamliner back into regular service. if you were on the 11:45 flight to tokyo this morning it's cancelled. reporting live, bob riddell, "today in the bay." >> it's affecting more than flights. the plane's manufacturer, boeing, is a dow component. boeing pulling the index lower this morning. >> indeed. let's continue our coverage with scott mcgrew. >> the dow is 56 points lower this morning. boeing is a big part of that. going is down another 3% this morning. we are watching the markets and yelp. here's mark zuckerberg yesterday at facebook headquarters talking about the new facebook graph search. you're able to search out cool things like "tell me which indian restaurants my friends from india like best." yelp didn't like it. shares in the restaurant review site fell 7% yesterday on that news. they are down another 3% this morning. back to you. >> thank you very much. want to take you back live to
they could inject more than $70 million annually into the south bay economy. of course it's when it starts back up and it's not clear when ana will release its 787 dreamliner back into regular service. if you were on the 11:45 flight to tokyo this morning it's cancelled. reporting live, bob riddell, "today in the bay." >> it's affecting more than flights. the plane's manufacturer, boeing, is a dow component. boeing pulling the index lower this morning. >> indeed. let's...
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Jan 18, 2013
01/13
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this sunday on "press: here" we'll examine what robots mean for the world economy. we sent factory jobs overseas. those jobs could come back to america and made by robots. one of the world's experts on technology and manufacturing from m.i.t. will be my guest this week. this could be a game changer in world politics. for about the last ten years we've been giving developing economies like china and india a taste of capitalism and growing standard of living. we're this close to taking the jobs away. the moment robots become cheaper to operate than people, what will happen with china when all those people lost their jobs? they're our biggest bank. i understand that we do have nbc. let's check in with whoever it is this morning. seema mody. good morning. >> it's me. hello. good morning. futures are mixed this morning after markets overseas specifically in japan rallied overnight. the nikkei moving higher after they said remarks on the yen were misinterpreted. intel reported disappointed earnings last night. stocks rose thursday on numbers with unemployment and housing
this sunday on "press: here" we'll examine what robots mean for the world economy. we sent factory jobs overseas. those jobs could come back to america and made by robots. one of the world's experts on technology and manufacturing from m.i.t. will be my guest this week. this could be a game changer in world politics. for about the last ten years we've been giving developing economies like china and india a taste of capitalism and growing standard of living. we're this close to taking...
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Jan 18, 2013
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. >> timothy geithner says americans are too -- he says the economy is in the final quarter of recovery from the financial crisis. geithner tells the wall street journal the u.s. was well ahead of other countries in balancing debts, income and cutting leverage and the financial system. geithner says the u.s. has more diversity of strength from high tech to energy and the public should find comfort and optimism in that. here's a reason to be optimistic. mortgage rates are falling back toward record lows. freddie mac says the average rate dipped to 3.38% from 3.4% last week. the 30-year average of 3.6% in 2012 was the lowest annual average in 65 years. guys, cheaper mortgages are a major reason the housing market has been bouncing back. many economists believe the recovery was strengthened throughout the year. >> shartia brantley. thank you. >>> now to a house that, it had a mortgage, the monthly payment would be more than a million dollars. talk about a prime piece of real estate. the white house is worth nearly $300 million. zillow released its calculation of how much the white house wo
. >> timothy geithner says americans are too -- he says the economy is in the final quarter of recovery from the financial crisis. geithner tells the wall street journal the u.s. was well ahead of other countries in balancing debts, income and cutting leverage and the financial system. geithner says the u.s. has more diversity of strength from high tech to energy and the public should find comfort and optimism in that. here's a reason to be optimistic. mortgage rates are falling back...
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Jan 18, 2013
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this sunday on "press: here" we'll examine what robots mean for the world economy. we sent factory jobs overseas. chinese make iphones. those jobs could come back to america to be made by robots. one of the world's experts on technology and manufacturing from m.i.t. will be my guest this weekend. this could really be a game changer. for the last ten years we've been giving developing economies like china and india a taste of capitalism. they have this growing standard of living. we're this close to taking those jobs away. the minute robots are cheaper to operate than people, what will happen to china? they lose their jobs. they are our biggest bank. this has serious implications. >> you are all over it for us as always. thank you so much. >> scott has good guests. all right thank you very much. look forward to that. we're always looking for cheaper ways to fly. if you ever wondered how far in advance you need to book a flight to snag the best deals, we've got your answer right now. according to cheapair.com. it's 49 days flying domestic. 81 days if you are flying in
this sunday on "press: here" we'll examine what robots mean for the world economy. we sent factory jobs overseas. chinese make iphones. those jobs could come back to america to be made by robots. one of the world's experts on technology and manufacturing from m.i.t. will be my guest this weekend. this could really be a game changer. for the last ten years we've been giving developing economies like china and india a taste of capitalism. they have this growing standard of living. we're...
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Jan 17, 2013
01/13
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in a statement released to nbc bay area, the hospital says it has been hit hard by the economy and says it had to eliminate unfilled positions and order voluntary retirements and resignations before laying off 200 employees. some are questioning whether the cuts are legal because they reportedly took place behind closed doors. washington hospital does get funds from property taxes meaning it must follow the very same public meeting laws as a city council. >>> the board of pilot commissioners will meet this morning for the first time since the tanker crashed into the bay bridge. the board's agenda does not include the crash but board members could talk about that january 7th incident. it was foggy when the tanker sideswiped one of the towers of the bay bridge. there are reports that faulty navigation equipment could have led to the crash. this morning's meeting takes place in san francisco at 9:30. >>> this next one is a huge international story. shares of boeing under pressure again today as the grounding of the 787s continue. >> as of this morning every single dreamliner in the world i
in a statement released to nbc bay area, the hospital says it has been hit hard by the economy and says it had to eliminate unfilled positions and order voluntary retirements and resignations before laying off 200 employees. some are questioning whether the cuts are legal because they reportedly took place behind closed doors. washington hospital does get funds from property taxes meaning it must follow the very same public meeting laws as a city council. >>> the board of pilot...
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Jan 18, 2013
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after the recession, the government decided we want to try to stimulate the economy. we'll give folks a break and lower it. it went from 6.2% to 4.2%. now it's back where it started. >> and congress decided not to decrease it because they felt that the economy was strong enough? it may sound small to some but doesn't feel small to a lot of people. >> we're talking about 160 million people that are affected by this. the average worker will feel like a $700 loss in income for the year. and biweekly check, that will really hit you. $50,000, it will go down by $38 every two weeks. >> is there a quick and easy way to calculate how much you're going to lose if you're in the mood to do that? >> you actually just calculate your wages by 0.2. >> do you have some tips for us as to what the best way to handle this is? >> it will take a lot of discipline from a lot of people. you were used to this and now you don't have it anymore. start with juadjusting your withholding. you want a little bit more in your paycheck every time. to do that, you need to double-check your withholding
after the recession, the government decided we want to try to stimulate the economy. we'll give folks a break and lower it. it went from 6.2% to 4.2%. now it's back where it started. >> and congress decided not to decrease it because they felt that the economy was strong enough? it may sound small to some but doesn't feel small to a lot of people. >> we're talking about 160 million people that are affected by this. the average worker will feel like a $700 loss in income for the...
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Jan 19, 2013
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and then get washington out of the way so that the economy can take off. they're their are good signs that the economic recovery is getting into a fairly healthy territory. but the threat to confidence, the uncertainty around the recurring crises we've had over the debt limit, over the fiscal cliff have been an impediment. if he can get that out of the way, he could then move to some of his other priorities and watch the economy grow over the next couple of years. >> i want to talk about the priorities in a second. you brought up this standoff. you know, one point, of course, there were democratic majorities in the house and senate, making it much easier to get some of those priorities through. now he only has the senate. how will that affect the president's wish list in the second term? >> well, he has the good fortune on the immigration issue which is one of his big priorities after the economic recovery and growth. from the fact that republicans know from the recent election results that they need to get healthy with hispanic voter. they were way on the
and then get washington out of the way so that the economy can take off. they're their are good signs that the economic recovery is getting into a fairly healthy territory. but the threat to confidence, the uncertainty around the recurring crises we've had over the debt limit, over the fiscal cliff have been an impediment. if he can get that out of the way, he could then move to some of his other priorities and watch the economy grow over the next couple of years. >> i want to talk about...
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Jan 15, 2013
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we get a trio of federal reserve officials speaking out on the economy. dow rising 18 points in yesterday's trade and nasdaq slipping by eight. in other news, middle class is tightening their belts. among those making between 50 and $100,000 a year spending declined during the holiday season. that comes amid a lackluster outlook in the job market. the magazine says the most troubles for consumers include not being able to afford medical bills or medications or a reduction in health care coverage and missing a payment on a major bill not including a mortgage. consumer reports say americans will be confronted with a smaller paycheck this month. that's the latest. back to you. >> thank you much. paypal expanding. you can use it to buy the orange dream machine at jamba juice. you will be able to order a dream machine ahead of time on your iphone. not sure what we're seeing here. i don't know. so any way you'll be able to pay with it by paypal and walk into the store and pick it up. one thing i make my kids admit is that it is just ice cream. as long as you do
we get a trio of federal reserve officials speaking out on the economy. dow rising 18 points in yesterday's trade and nasdaq slipping by eight. in other news, middle class is tightening their belts. among those making between 50 and $100,000 a year spending declined during the holiday season. that comes amid a lackluster outlook in the job market. the magazine says the most troubles for consumers include not being able to afford medical bills or medications or a reduction in health care...
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Jan 18, 2013
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the first one is how is the economy. we are the sixth fastest-growing state in the nation and we should be proud of that. [applause] just to talk about some of our major industries, everybody talks about the history of autos. i talk about it as our victory industries. agriculture, automotive centrism. i'm into the auto show just this week. it's a wonderful thing to see. the automotive industry is back in our country, 14 million units sold. right here in michigan, as lester we produced over 2.25 million units of those 14 million units that were assembled right here in michigan and we should be proud of that. [applause] also the winners of the cars of the year. if you want the best come you buy it from a michigan company. [applause] on agriculture, we continue to do well. we had a freeze early in the year, it devastated some of our fruit crops. and that was terrible. we had drought issues. but overall we had a strong year, we had record production and sugarbeet production and wheat. back in 2011, i worked with the farm bur
the first one is how is the economy. we are the sixth fastest-growing state in the nation and we should be proud of that. [applause] just to talk about some of our major industries, everybody talks about the history of autos. i talk about it as our victory industries. agriculture, automotive centrism. i'm into the auto show just this week. it's a wonderful thing to see. the automotive industry is back in our country, 14 million units sold. right here in michigan, as lester we produced over 2.25...
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Jan 15, 2013
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but i want to see our economy recover. i would like to see this. i would like to see the labor market, fiscal policy addressed the issues that were mentioned. obviously difficult issues out there, but i do think things are moving, you know, not as fast as we would like. in that direction i am cautiously optimistic about the next oliviers. >> thank you. [applause] well, as i mentioned, i'm sure that there are a great many questions that have already been shared with our presenters, so let me turn the floor to them. >> thank you for your comments, chairman bernanke command for your comments. i am master's student. the first question is, if treasury had a trillion dollar platinum coin, with they have made in the count? if not, why not. >> well, i'm not going to give that any oxygen. [laughter] as you probably know, the treasury and the federal reserve over the weekend, the treasury issued a statement to which the federal reserve approved stating that we did not think this was the right way to deal with this problem. i mean, there are legal issues, pol
but i want to see our economy recover. i would like to see this. i would like to see the labor market, fiscal policy addressed the issues that were mentioned. obviously difficult issues out there, but i do think things are moving, you know, not as fast as we would like. in that direction i am cautiously optimistic about the next oliviers. >> thank you. [applause] well, as i mentioned, i'm sure that there are a great many questions that have already been shared with our presenters, so let...
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Jan 17, 2013
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roll over your old 401(k) into a fidelity ira and take control of your personal economy. this is going to be helpful. call or come in today. fidelity investments. turn here. >>> we are back at 8:21 with oils scar and tony-winning actress, catherine zeta-jones. she place the wife of a corrupt mayor in "broken city." >> when her husband hires a priva privateer to track her, she says he is following the wrong story. >> this is not what you think it is mr. taggert. >> i get fide take pitch perrers, not think. >> if that woman you put down the bottle for means anything, if the last seven years of your life means anything, walk away. if you think you are investigating adultery, mr. taggert, you don't know nicholass who set nicholas s who st very well. >> catherine zeta-jones, good morning to you. we want to talk about this movie is a good one. first we saw you at the golden globes the other night, you were a presenter which i think would be-racking than as a nominee. you sang your opening line. >> node choice. going to the nerves, i get nervous walking down a red carpet, litera
roll over your old 401(k) into a fidelity ira and take control of your personal economy. this is going to be helpful. call or come in today. fidelity investments. turn here. >>> we are back at 8:21 with oils scar and tony-winning actress, catherine zeta-jones. she place the wife of a corrupt mayor in "broken city." >> when her husband hires a priva privateer to track her, she says he is following the wrong story. >> this is not what you think it is mr. taggert....
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Jan 21, 2013
01/13
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. >> and we're going to put this nation's economy on a sustainable path to the future. [ applause ]. >> let me tell you, it has just been a true thrill to watch this handsome, charming -- [ laughter ] >> individual grow into the man and the president that he is. >> now first of all, i love michelle obama -- [ cheers ] >> and to address the most significant event of this weekend, i love her bangs. [ cheers ] >> she looks good. >> the world will be watching as president obama lays out his plans for the next four years today. and he has set the bar high, saying abraham lincoln's second inaugural is the one he would most like to emulate. we have more from the center of it. danielle, what's going on right now? >> reporter: good morning, veronica. right now it's a bit chilly and breezy. pretty quiet. that is all going to change shortly when hundreds of thousands of people, likely up to 800,000, crowd on to the national mall here to watch president barack obama take the oath of office in a public ceremony kicking off his second term. people very excited about this trip. they're going to be
. >> and we're going to put this nation's economy on a sustainable path to the future. [ applause ]. >> let me tell you, it has just been a true thrill to watch this handsome, charming -- [ laughter ] >> individual grow into the man and the president that he is. >> now first of all, i love michelle obama -- [ cheers ] >> and to address the most significant event of this weekend, i love her bangs. [ cheers ] >> she looks good. >> the world will be...
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Jan 16, 2013
01/13
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cutting its outlook for global growth this year, citing austerity measures high in employment and weak economies. back to you. >> mary thompson of the new york stock exchange. thank you. what is more incredible than a spectator at a basketball game sinking a half-court shot? check out what happened when atlanta hawk fan kevin went for the thousand dollar prize at half time. as you see, the ball got wedged there right between the backboard and the rim. kevin, though, did win the thousand dollars because the shot was so unbelievable, and technically the ball did make it into the basket when a hawk staffer then yanked on the net. >> go back to the beginning of that. technically, savannah just pointed out he shouldn't have gotten the money because he stepped over the line at half-court. watch closely. there, right there. i would have given it to him, savannah. >> i think we all know that i would have given it to him. just for showing up, i would have given him the thousand bucks. let's get to dylan dryer who is in for al. what a mess on the east coast this morning. >> such a mess. commuters dealing
cutting its outlook for global growth this year, citing austerity measures high in employment and weak economies. back to you. >> mary thompson of the new york stock exchange. thank you. what is more incredible than a spectator at a basketball game sinking a half-court shot? check out what happened when atlanta hawk fan kevin went for the thousand dollar prize at half time. as you see, the ball got wedged there right between the backboard and the rim. kevin, though, did win the thousand...
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Jan 19, 2013
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we have learned at last to manage a modern economy to assure its continued growth. we have given freedom new reach. we have begun to make its promise real for black as well as for white. we see the hope of tomorrow in the youth of today. i know america's youth. i believe in them. we can be proud that they are better educated, more committed, more passionately driven by conscience than any generation in our history. no people has ever been so close to the achievement of a just and abundant society, or so possessed of the will to achieve it. and because our strengths are so great, we can afford to appraise our weaknesses with candor and to approach them with hope. standing in this same place a third of a century ago, franklin delano roosevelt addressed a nation ravaged by depression and gripped in fear. he could say in surveying the nation's troubles -- "they concern, thank god, only material things." our crisis today is in reverse. we find ourselves rich in goods, but ragged in spirit, reaching with magnificent precision for the moon, but failing into raucous discord
we have learned at last to manage a modern economy to assure its continued growth. we have given freedom new reach. we have begun to make its promise real for black as well as for white. we see the hope of tomorrow in the youth of today. i know america's youth. i believe in them. we can be proud that they are better educated, more committed, more passionately driven by conscience than any generation in our history. no people has ever been so close to the achievement of a just and abundant...
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roll over your old 401(k) into a fidelity ira and take control of your personal economy. this is going to be helpful. call or come in today. fidelity investments. turn here. >>> good tuesday morning to you. time is 7:19. backup at the bay bridge. we'll get to mike's report in just a moment. temperatures right now running very cold. we'll finish out the day in the mid 50s. 56 degrees inland. 55 degrees at the coast. tomorrow we climb even more so and then we'll hit mid to upper 60s friday into saturday. hope you have a fantastic tuesday. stay warm out there. >> announcer: come on, let's go skydiving, savannah. it will be fun. come on. team skydive. >> team, no. >> yeah. they want to see that. come on. >> you all can skydive. i'll watch from the ground. al, thanks so much. >>> is apple losing some of its cool? stock prices have been falling for months. now there's reports that the company is planning to build fewer iphones. tom costello has more on this story. tom, good morning to you. >> savannah, good morning. by many standards, apple is a world leader. it is the world's
roll over your old 401(k) into a fidelity ira and take control of your personal economy. this is going to be helpful. call or come in today. fidelity investments. turn here. >>> good tuesday morning to you. time is 7:19. backup at the bay bridge. we'll get to mike's report in just a moment. temperatures right now running very cold. we'll finish out the day in the mid 50s. 56 degrees inland. 55 degrees at the coast. tomorrow we climb even more so and then we'll hit mid to upper 60s...
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Jan 15, 2013
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brookings institution here in washington where they're holding a forum on jobs, innovation and the economy. a series of panels will examine strategies and best practices to spur economic growth. and what role the private sector plays in all this. that will be live in just a few moments here on c-span2. on monday the president received recommendations from vice president biden's task force on gun control. president obama is expected to unveil his proposal as early as tomorrow. during the final news conference of his first term yesterday, the president responded to a question about the issue. >> i wanted to ask about gun violence. today marks the one year, our one month anniversary of the shooting at newtown which seems to generate some momentum for rinsing the assault weapons ban, but there's been fresh opposition to the banned from the nra and even harry reid has said that he questioned whether to pass congress. given that, how hard will you push for an assault weapons ban? and if one cannot pass congress, what other measures would need to be included in a broad package in order to curb vi
brookings institution here in washington where they're holding a forum on jobs, innovation and the economy. a series of panels will examine strategies and best practices to spur economic growth. and what role the private sector plays in all this. that will be live in just a few moments here on c-span2. on monday the president received recommendations from vice president biden's task force on gun control. president obama is expected to unveil his proposal as early as tomorrow. during the final...